Published: 08:58 AM, 24 April 2026
Alliance Finance PLC signs agreement with Bangladesh Bank for start-up funds
An agreement signing ceremony was held between Bangladesh Bank and Alliance Finance PLC, a Joint Venture Finance Company between Bangladesh and Sri Lanka, marking Alliance Finance PLC’s inclusion as a Participating Financial Institution (PFI) under the Bangladesh Bank BDT 500 Crore Start-up Fund.
On this occasion, Deputy Governor Nurun Nahar, Executive Director Husne Ara Shikha and other officials of Bangladesh Bank were present while Chief Executive Officer of Alliance Finance PLC Kanti Kumar Saha and Director (SMESPD) of Bangladesh Bank Nawshad Mustafa signed the agreement on behalf of their respective organizations highlighting both the institutions’ commitment to supporting the country’s growing startup ecosystem.
The program was also attended by Additional Director Hafia Tazrean of Bangladesh Bank, Head of Business Shahanur Rashid, Head of SME Sayful Islam of Alliance Finance and other officials from both the organizations, according to a press release.
This partnership under the BDT 500 Crore Start-up Fund Refinance Scheme aims to facilitate easier access to finance for emerging startups, fostering innovation, entrepreneurship, and sustainable economic growth in Bangladesh. The collaboration reflects a shared vision between Bangladesh Bank and Alliance Finance PLC to empower new ventures and strengthen the financial inclusion landscape of the country.
